Call or Text (240) SELL-123
Burnham Place Central Station Film Row Harbor Square Loop Museum Campus Near South Side Park Row Printer's Row (Printers Row) South Loop

CHICAGO, IL 60605

Real Estate Market Report  ·  Cook County
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60605

Burnham Place · Central Station · Film Row · Harbor Square · Loop · Museum Campus · Near South Side · Park Row · Printer's Row (Printers Row) · South Loop

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CHICAGO, IL real estate market (60605) currently shows 151 active listings, with 67 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 32 days on market compared to 36 days last year.

The median listing price has fallen 5.5% year-over-year, from $407,500 to $385,000.

Whether you are buying or selling in CHICAGO, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for CHICAGO, IL 60605 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 34,314  ·  Density: 9,262.1/mi²  ·  Median household income: $116,462

Typical home value: $479,952  ·  Homeownership: 42.7%

Market Overview

Active Listings
151
⇩ 16.1% vs 180 last year
Pending
67
44% pending ratio
Median Price
$385,000
⇩ 5.5% vs $407,500 last year
Average Price
$499,171
⇩ 9.1% vs $549,102 last year
Days on Market
32
⇩ 11.1% vs 36 days last year

Price Per Square Foot

Median $/sqft
$335
⇧ 0.9% vs $332/sqft last year
Median Home Size
1,253 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 151 this year vs 180 last year
  • Days on market: 32 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $385,000 (-5.5% YoY)
  • Average: $499,171 (-9.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.9 miles — 1,290 listings ($1,100,752,693 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60605Chicago, IL 606050.0 mi134$67,452,518$395,975$503,377
60603Chicago, IL 606031.0 mi26$15,804,464$595,000$607,864
60601Chicago, IL 606011.3 mi119$153,637,449$792,000$1,291,071
60616Chicago, IL 606161.5 mi140$58,265,060$359,950$416,179
60607Chicago, IL 606071.8 mi130$112,144,630$487,500$862,651
60654Chicago, IL 606542.0 mi134$107,285,760$454,250$800,640
60608Chicago, IL 606082.9 mi75$31,844,775$367,498$424,597
60653Chicago, IL 606533.3 mi71$29,037,438$367,175$408,978
60622Chicago, IL 606224.1 mi136$142,843,520$772,248$1,050,320
60614Chicago, IL 606144.2 mi161$322,799,687$1,242,500$2,004,967
60623Chicago, IL 606235.2 mi17$5,163,801$323,675$303,753
60624Chicago, IL 606245.4 mi23$6,642,699$247,075$288,813
60637Chicago, IL 606375.9 mi124$47,830,892$279,500$385,733

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60605?

As of March 2026, there are 151 active listings in CHICAGO, IL (zip code 60605), compared to 180 the prior year.

What is the median home price in CHICAGO, IL 60605?

The median listing price in CHICAGO, IL 60605 is $385,000 as of March 2026, a 5.5% decrease from $407,500 the prior year.

How long do homes stay on the market in CHICAGO, IL?

Homes in CHICAGO, IL 60605 spend an average of 32 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60605?

Based on current inventory and days-on-market data as of March 2026, CHICAGO, IL 60605 is currently a Seller's Market. Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 32 days on market compared to 36 days last year.

How much can I save on real estate commission in CHICAGO, IL?

With SELL123.com's maximum 3% commission, sellers in CHICAGO, IL 60605 save an estimated $7,700 compared to a typical 5% commission on the median listing price of $385,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.